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Rhode Island General Laws — Title 44 (Taxation)

R.I. Gen. Laws § 44-13-35

Gross earnings exempt from the public service corporation tax

Official textwebserver.rilegislature.govlast amended

Notwithstanding the provisions of §§ 44-13-1 and 44-13-4, the gross earnings from the sale and from the storage, use or other consumption in this state of electricity and natural gas when purchased for the purpose of being manufactured into a finished product for resale, as further defined by § 44-18-30(7), are subject to the following public service corporation tax rates:

# (1)

In the case of every corporation whose principal business is manufacturing, selling, distributing and/or transmitting currents of electricity to be used for light, heat, or motive power, three percent (3%) of those gross earnings effective July 1, 1994;
provided, that the rate shall be two percent (2%) effective July 1, 1995, one percent (1%) July 1, 1996, and zero percent (0%) effective July 1, 1997.

# (2)

In the case of every corporation whose principal business is manufacturing, selling and/or distributing to the public illuminating or heating gas, two percent (2%) of those gross earnings effective July 1, 1994; provided, that the rate shall be one percent (1%) effective July 1, 1995, and zero percent (0%) effective July 1, 1996.

Amendment history

History of Section. P.L. 1994, ch. 70, art. 14, § 1; P.L. 1997, ch. 357, § 8.

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In this chapter (40 sections)
  1. 44-13-2 · Foreign corporations subject to tax
  2. 44-13-2.1 · Public service companies subject to tax
  3. 44-13-2.2 · Gross earnings of certain corporations and public service…
  4. 44-13-3 · Minimum tax
  5. 44-13-4 · Rate of taxation
  6. 44-13-5 · Deductions for merchandise sales and alternative fuel
  7. 44-13-6 · Due date of annual return
  8. 44-13-7 · Extension of time for filing of returns
  9. 44-13-8 · Statements, returns, and rules and regulations
  10. 44-13-9 · Entire gross earnings of business wholly within state
  11. 44-13-10 · Apportionment of earnings from business partially within…
  12. 44-13-11 · Liability of fiduciaries
  13. 44-13-12 · Intangibles exempt from taxation — Corporation whose…
  14. 44-13-13 · Taxation of certain tangible personal property
  15. 44-13-13.1 · Personal property tax — Application of aggrieved party…
  16. 44-13-13.2 · Personal property tax — Application to recover
  17. 44-13-14 · Exemption of securities from taxation
  18. 44-13-15 · Determination and payment of tax
  19. 44-13-16 · Claim for refund — Hearing upon denial
  20. 44-13-17 · Interest on delinquent payments
  21. 44-13-18 · Lien on real estate
  22. 44-13-19 · Supplemental returns
  23. 44-13-20 · Power to summon witnesses
  24. 44-13-21 · Service of summons
  25. 44-13-22 · Enforcement of summons
  26. 44-13-23 · Determination of tax without return
  27. 44-13-24 · Pecuniary penalty for failure to file return
  28. 44-13-25 · Pecuniary penalty for false return
  29. 44-13-26 · Collection of pecuniary penalties
  30. 44-13-27 · Examination of records and witnesses
  31. 44-13-28 · Penalty for violations by corporation
  32. 44-13-29 · Penalty for violations by individuals
  33. 44-13-30 · Penalty for failure to file return or statement
  34. 44-13-31 · Hearing on application by corporation
  35. 44-13-32 · Appeals
  36. 44-13-33 · Collection by writ of execution
  37. 44-13-34 · Severability
  38. 44-13-35 · Gross earnings exempt from the public service corporation tax
  39. 44-13-36 · Public service corporation tax included in utility rates
  40. 44-13-37 · Temporary relief from the gross earnings tax on electricity…
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